XSB.TO vs. VGSH
Compare and contrast key facts about iShares Core Canadian Short Term Bond Index ETF (XSB.TO) and Vanguard Short-Term Treasury ETF (VGSH).
XSB.TO and VGSH are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. XSB.TO is a passively managed fund by iShares that tracks the performance of the Morningstar Can 1-5Y Core Bd GR CAD. It was launched on Nov 20, 2000. VGSH is a passively managed fund by Vanguard that tracks the performance of the Barclays U.S. 1-3 Year Government Float Adjusted Index. It was launched on Nov 19, 2009. Both XSB.TO and VGSH are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: XSB.TO or VGSH.
Key characteristics
| XSB.TO | VGSH | |
|---|---|---|
| YTD Return | 4.63% | 3.28% |
| 1Y Return | 7.06% | 5.15% |
| 3Y Return (Ann) | 1.74% | 1.03% |
| 5Y Return (Ann) | 1.83% | 1.28% |
| 10Y Return (Ann) | 1.76% | 1.26% |
| Sharpe Ratio | 2.88 | 2.76 |
| Sortino Ratio | 4.58 | 4.47 |
| Omega Ratio | 1.59 | 1.59 |
| Calmar Ratio | 2.14 | 2.15 |
| Martin Ratio | 24.50 | 15.76 |
| Ulcer Index | 0.29% | 0.33% |
| Daily Std Dev | 2.49% | 1.90% |
| Max Drawdown | -8.65% | -5.70% |
| Current Drawdown | -0.47% | -0.92% |
Correlation
The correlation between XSB.TO and VGSH is 0.13, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.
Performance
XSB.TO vs. VGSH - Performance Comparison
In the year-to-date period, XSB.TO achieves a 4.63% return, which is significantly higher than VGSH's 3.28% return. Over the past 10 years, XSB.TO has outperformed VGSH with an annualized return of 1.76%, while VGSH has yielded a comparatively lower 1.26% annualized return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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XSB.TO vs. VGSH - Expense Ratio Comparison
XSB.TO has a 0.10% expense ratio, which is higher than VGSH's 0.04% expense ratio. However, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.
Risk-Adjusted Performance
XSB.TO vs. VGSH - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares Core Canadian Short Term Bond Index ETF (XSB.TO) and Vanguard Short-Term Treasury ETF (VGSH). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.
Dividends
XSB.TO vs. VGSH - Dividend Comparison
XSB.TO's dividend yield for the trailing twelve months is around 3.03%, less than VGSH's 4.15% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
XSB.TO iShares Core Canadian Short Term Bond Index ETF | 3.03% | 2.67% | 2.28% | 2.05% | 2.21% | 2.39% | 2.39% | 2.36% | 2.36% | 2.50% | 2.59% | 2.69% |
VGSH Vanguard Short-Term Treasury ETF | 4.15% | 3.32% | 1.15% | 0.66% | 1.75% | 2.28% | 1.79% | 1.10% | 0.84% | 0.71% | 0.46% | 0.34% |
Drawdowns
XSB.TO vs. VGSH - Drawdown Comparison
The maximum XSB.TO drawdown since its inception was -8.65%, which is greater than VGSH's maximum drawdown of -5.70%. Use the drawdown chart below to compare losses from any high point for XSB.TO and VGSH. For additional features, visit the drawdowns tool.
Volatility
XSB.TO vs. VGSH - Volatility Comparison
iShares Core Canadian Short Term Bond Index ETF (XSB.TO) has a higher volatility of 1.41% compared to Vanguard Short-Term Treasury ETF (VGSH) at 0.35%. This indicates that XSB.TO's price experiences larger fluctuations and is considered to be riskier than VGSH based on this measure. The chart below showcases a comparison of their rolling one-month volatility.